If you are one of those who want to bet on sports but cannot do because of some technical terms, then this post is worth a read. In it, you will get introduced to all those essential NFL and college football betting glossary, terms, and terminology. Read on to find a comprehensive list of all terminology that you need to know.
1. Wager
Wager is more formal term for bet. It’s an amount that the bettor risk in the hope of winning more.
2. Action
Having a wager on a game. It’s a football wager, where no pitcher is identified. It is also referred to the number of bets being placed on a certain event.
3. Double Action
It’s a condition in which the bet that is processed and the precedent bet ties wins, or cancels.
4. ATS (“against the [point] spread”)
ATS is a mode used to refer the result of an event that takes the point spread into account. It is also an act of taking points instead of betting with spread. A team with 5-2 means it has a 5-2 record against the point spread.
5. Backdoor Cover
It is when a team is seen scoring points during the last minute of the game in order for covering the spread all of a sudden.
6.Bad beat
A wager that loses surprisingly. Bad Beat is usually used when the outcome of the betting is decided late for changing the side that covers the spread. In college football picks, the loss of bad beat can come from a last second field goal.
7. Sportsbook
Also called sportsbook, book is an establishment that accepts bets on sporting events. You can also find some books that can accept wagers on non-sports related events such as in the case of the Super Bowl or politics.
8. Beard
Beard is an acquaintance or friend used to place bets for in order for concealing the true identity of the real bettor.
9. Cover
It is the betting outcome on a point-spread wager. In that case, the spread point is assigned to the game. And a team wins and beat the point spread. It means, the team has “covered the spread.”
10. Line
It is another term/word for odds.
11. Edge
Edge is an advantage. As a bettor, you may feel you have an edge on a book if you think your lines or odds are no accurate.
12. Linemaker
A linemaker – also known as oddsmaker – is the individual who establishes the subsequent and original betting lines.
13. In-game wagering
It’s a kind of service which is offered by books. In it, as a bettor, you are allowed to place several bets in real time, while the game is on.
14. Moneyline
It’s a wager where no pointspread is included. In details, the moneyline is use to bet strictly on the result of the game rather than adjusted lines like the point spreads. In this betting line, you cannot choose which is likely to win straight up. Instead, the odds for the favorite are much less lucrative than in spread betting.
15. Layoff
It is the term meant for the money bet by a sportsbook with another sportsbook or bookmaker in order to reduce the liability of that book.
16. Over/Under
It’s a terminology that is used for describing the total combined points/goals scored by two teams in a game. Or, it is referred to the number of games a team will win in a season.
These are the most common NFL and college football betting glossary, terms, and terminology. If you have chosen the right College football picks, you need to understand these terms to win.
